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Search Results 0 to 48 of about 49 (some duplicates have been removed)
downward pressure on oil. oil giant chevron also hurt the energy sector and the dow. chevron had the biggest percentage loss among dow stocks. chevron did not make as much money has anticipated in the third quarter. earnings per share were well short of estimates. similar to exxon mobil, chevron also saw its production and fuel sales fall, hit by hurricane isaac in august, legal troubles in braziand a refiry fire in california. shares fell 2.8%, closing at their lowest price since july. two bright spots for chevron were its smaller refineries processing cheaper oil from montana and north dakota. meantime, chesapeake energy fell to a three month low, down 7.9%. the company has been trying to reduce its massive debt load. today the company said it may delay cutting its i.o.u.'s into 2013. the prospect of the delay was met with selling. you may have missed it but the ipad mini went on sale today. apple's newest product didn't have the usual hoopla. still, analyst expect apple to sell one million or more of the devices during its first weekend on the market. apple stock continued its
position. there is a better sense chevron down $3.45. going to nicole petallides at new york stock exchange maybe they thought nobody would best. >> three ipo today the first after hurricane sandy. look at restoration hardware up 32% of the earlier highs but it had a great pop which is a furniture retailer excepted beautifully. standing next to south cross energy up battle point* 5%. they did well even though hurricane sandy blooms on the eastern seaboard. liz: day do not sell hardware. they sell pretty stuff. [laughter] lasalle whole crew knows, the devastation from hurricane zandi -- sandy is felt that these coast with the energy side then the human side. we have lived team coverage 40 miles from and had an atom we will start with you. >> behind me receive the national guard and passing a water but also red cross now showing up but the field of dreams foundation and they showed up early on their own volunteers bringing food and clothing. diapers, betting common medications, food if you can cook or pizzas if you cannot. people are coming out with converters for govett is what is going on i
. >> the one place where news of sandy's arrival it -- >> chevron says it's richmond refinery cock fully back online -- could be fully back online. a fire last august badly damaged the processing unit that is said to be at the heart of operations. during a conference california with analyst, check philosophy says crucial -- executives said crews have been working diligently. or consumer editor has been combing through inspections. sunday night, we will show you hoe corrosion from the crude oil used there may have played a role in the number of refinery accidents and why chevron would not directly comment on them. >>> chevron today reported the 33% decline in its net income for the third quarter. officials pointed to a decline in production and a drop in prices for oil and gas. net income was $5.25 billion, or 2, or $2.69 a share. that compares with $7.83 billion for the third quarter last year. they lost more than $3 today. >>> rise in unemployment and the increasing estimate of costs from superstorm sandy drove stocks lower. dow lost 139 points, nasdaq was off by 37, s & p 500 finished 13 po
at the chevron refinery blank yetting much of the east bay. abc 7 news has the story. >> dan is the mayor of hercules, one of the cities not far from this. a huge fire that the refinery in august. the bay area district since indicated it plans to fine chevron an amount that could reach into hundreds of thousands of dollars. >> the system goes into the general fund. the perception is that those fines are going back to the community. under state law, any penalty goes into the general fund. however, the board provided direction to have the money be spent in the community. >> but there are no guarantees. in 2009, air district collected 515,000 for failing to monitor air quality programs. but in 2008 when air board and county collected $2.2 million from shell, for a carbon monoxide problem, only 10% went to an air quality project at one school. the district hasn't totalled fines yet but the mayor thinks at least half should go to the local community. it may not be 50% but the board says they're working on it. >> we dd resend it. i'sure the board will reconsider putting that in money. >> the bo
a new angle on the richmond fire, turns out if chevron has to pay a fine, cities that were hit hardest will not get the money z a story only on abc 7 news tonight. recovery of a young woman who took a tragic fall in yosemite national park. >> world news is coming up next. i'm cheryl jennings. >> from all of us here, thanks for watching we're going live with you great pictures. that is the giants world series trophy and the team arriving back in san francisco a little bit before 4:00 this afternoon. >> look who is holding that. home run king of the series. what a great, great series it was. >> look at how many people. thousands turned out. >>
. also watching san ramon based chevron the oil giant taking a big hit. their income falling 33% they only made it 5 and 1/4 billion dollars for the quarter. they said the production decline sold oil and gas at lower prices. the bay area people are saying what floor prices. reversing chevron's shares trading lore at three-quarters of a percent. >> looks like the dow is going positive is already up above the 50.1. >> let's go to whether we have erica watching those numbers to the software co- star erica. >> yes james. some spots and the low 40's degrees cooler compared to what was off 24 hours ago. we have locally dense fog for some of our valleys into the afternoon however, how glad i cloud coverage that is in the upper 60s. pretty mild weather i was taken to satellite and radar to explain what is going on in the bay area. we have a weak cold front pushing in from the pacific northwest that explains the cool air we are seeing in some of the locally dense fog. off trucker four shows when the fog will cleared up in my next report. >> good morning we have a lot of slow traffic for
, steve. >>> this morning chevron reported its net income fell 33%. san ramon energy company blames lower oil and gas prices. and production slow down because of planned maintenance and hurricane in the gulf of mexico hurt its bottom line. chevron says it earned $5.25 billion. yesterday exxon mobile reported profits fell 7% there. the 2012 world series champion giants can't rest on their laurels. that is according to sports marketers. they must continue to atrack fans to the ballpark. and capitalize on the brand. they tell the san francisco business times the giants there to avoid the appearance of price gouging. keep season ticketholders happy and remain humble. >> i don't worry about them with that. >>> 6:53. boy a bold luxury theft. what thieves stole and why they only wanted one thing. >>> don't forget you can get ktvu news to go download our ktvu app click the live icon. >>> welcome back to the ktvu channel 2 morning news. live look at the big board. dow jones up a little bit. mostly favorable response to the jobs report. we could see more gains. analyst says the little bump the in t
. we need it now more than ever. chevron's putting more than $8 billion dollars back in the u.s. economy this year. in pipes, cement, steel, jobs, energy. we need to get the wheels turning. i'm p. making real things... for real. ...that make a real difference. ♪ >>> we're back now live in downtown columbus at the beautiful boat house restaurant in confluence park, and voters right here in ohio, may decide the most important presidential race in history. both are trying to woo the voters and score the most electoral votes. the latest snap shot, look at it of the 50% of likely voters support president obama, 47%, choosing mitt romney, the margin of error is 3 percentage points. the lines are burning up. i visited both campaigns. it is sort of a symphony of noise. dayton, ohio, these volunteers are trying to reach everyone they can as the clock ticks towards election day. >> do you ever get distracted by all the people around you calling? >> no, we don't. we talk all the time. and everybody is talking. right now they have all stopped. but no, we talk at the same time and get th
of the gas for his pizza delivery job. aaa expects the prices to continue to drop. >>> chevron said that the oil refinery in richmond shall be fully operational early next year. the fire greatly reduced chevron's capacity and contributed to a fire on the west coast. >>> and some car owners could be getting a refund after and investigation by. epa that 800,000 vehicles overstated their gas mileage of the 2011 and 2013 hyundai and kia support taj -- sportage and rio could it result in millions of dollars in payments to car owners but it could also result in sanctions from the u.s. government. >>> when a man stopped to videotape his son, he caught a amtrak train slam into a utility truck. the man rushed over to the scene and he thought that the two men inside the truck would be dead but instead they survived with hardly a scratch. >> he got out of the truck and i said are you all right. he said i'm fine. i said dude, you're the luckiest man alive right now. >> wow! that train was blaring the horn, the truck driver told the police that he did not notice the train coming. >>> mark mcgire
continues to be under pressure after hurricane sandy. chevron, caterpillar, ibm, some names that have been managing to squeeze up some games. let's take a look at a winner on wall street. that is priceline after they came out with their orderly reports. they expected slower growth. it turned out it was doing better than expected and one of the reasons is because of europe. they compete directly with names like expedia and such. they even got an upgrade from a buy rating to a hold. dagen: thank you. let's go back to adam shapiro. he is live and staten island. connell: what is happening, adam? >> we are watching strangers come by with food and water. the topic everyone is discussing is the fact that the new york city marathon is still going to be run. i want to introduce you to very important people who live in this area. this man grew up here and his girlfriend lives behind here. some of the houses condemned. john, the marathon is going on. what do you think? >> i think, along with many others, it is a disgrace. >> what would you say to mayor bloomberg to maybe change his mind? >> i can und
seriously. chevron, a week ago, gave the largest single citizens united contribution to the gop super pacs. i wrote a piece yesterday for "the daily news" just saying it's not really fair that we call these things after innocent people like sandy. we should have called this hurricane chevron and the next one should be hurricane exxon and if we did that for a while, we begin to really to see who's at blame here. >> in a bit of poetic irony we have to leave it there. certainly a conversation that deserves more time. thank you to environmentalist bill mckiben. great to hear from you. >> thank you. >> and thank you to eric, rana, ben and hugo my storm package. all for now. i'll see you back here at noon eastern, 9:00 a.m. pacific when joined by john heilemann, richard wolffe and times michael scherer. find us at facebook.com/now with alex. "andrea mitchell reports" is next. good afternoon, andrea. >> good afternoon. thanks so much. coming up next on "andrea mitchell reports," president obama is about to tour the hardest hit areas of new jersey with governor chris christie. we'll be checking in
's not so good anymore. >> maria, the energy has been sharply lower. exon and chevron also reported lower earnings. that's not helping right now either. >> that's part of the drag on the dow jones industrial average, for sure. the energy stocks. the exon and chevron shares are part of the dow 30. that's definitely among the weak spots today. overall, it's also the uncertainty. we're looking at these pictures of these gas lines, people waiting to get gasoline. we're looking at shortages on food and recognizing that, you know, just because the hurricane has passed, doesn't mean the implicationed have passed. the work is just beginning. >> ben, what do you think next week? a little bounce or what do you expect? >> no, i think we can still see a bit of a pullback. my concern is there's so little economic data next week it can be a frenzy of headline driven events that can lead to the volatility of the market. >> all right. thank you very joining us. that'll do it for the
, construction, production. we need it now more than ever. chevron's putting more than $8 billion dollars back in the u.s. economy this year. in pipes, cement, steel, jobs, energy. we need to get the wheels turning. i'm proud of that. making real things... for real. ...that make a real difference. ♪ for real. ...that make a real difference. the data she shares from comments, reviews, and social networks tells a company what to make. what it's made from, how it's shipped, and the way it's sold. some companies are increasing sales up to 20% by using analytics to tailor experiences to the one person that matters most. that's what i'm working on. i'm an ibmer. let's build a smarter planet. governor of getting it done. you know how to dance... with a deadline. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can even take a full-size or above, and still pay the mid-size price. this is awesome. [ male announcer ] yes, it is, business pro. yes, it is. go national. go like a pro. with features like scanning a barcode to get detailed stock quotes
williams speaks today about the economy. earnings front, look for numbers from chevron, information resin investment, mcgraw hill, thomson reuters, "washington post." but today is about the unemployment report. how are we going to trade to this number? >> good morning, ross and kelly. th looks like the market's built in a better than expected number. we had a big rally yesterday. i think any number under 135 will create selling pressure. because we're up against resistance and the market is a little frothy. so i think if it's not a major beat, i think we sell off a little bit. >> the dollar getting traction across the board. euro-dollar below 129. dollar index up at fresh seven week highs. is that just a sign people are squaring themselves off ahead of a lot of event risk? >> i think that's always the days. we have the big jobs number as a factor, the election coming up, so there is a lot of reason to square here. and yesterday being the end of the year for all the mutual funds we have the news risk coming up the next couple days. >> do you buy volatility? >> i think we'll start to see vo
to invest in making things. infrastructure, construction, production. we need it now more than ever. chevron's putting more than $8 billion dollars back in the u.s. economy this year. in pipes, cement, steel, jobs, energy. we need to get the wheels turning. i'm proud of that. making real things... for real. ...that make a real difference. ♪ >> osgood: now a look at halloween by the numbers. a record 170 million people in this country say they plan to celebrate halloween this year according to a national retail federation survey. total halloween spending is projected to hit $8 billion. the average halloween consumer spending nearly $80, up from last year. more than 93% of children go trick or treating according to the national confectioners association. 63% of trick or treaters say chocolate is their favorite treat. followed by 9% favoring lollipops, 7% gummy candy, and 7% for those who favor bubble gum or chewing gum. as for the adults who hand out the treats, 41% confess that they indulge their sweet tooth from their own candy bowl. and finally, barack obama masks are out-selling mitt rom
to an oilfield where companies like chevron having drilling for more than 60 years. but new technology would allow that drilling to expand to places where the oil lies much deeper. 14billion barrels of oil reserves could now finally be accessible in the hills and valleys beyond san ard doe in an area known as the monterey shale. >> these are source rocks for oil and gas. >> reporter: this physicist says shale oil is harder to harvest. you need go down and out horizontally in a technique called fracking. >> now we have technology, enabling technologies, that allow these reservoirs to be produced economically. >> reporter: with oil at almost $90 a barrel, he predicts things are about to change. fast. >> there's just a lot more activity and a lot of that activity is in places where there hasn't been much for a long period of time. >> reporter: in monterey county oil prospectors are knock on the doors of landowners trying to buy up leases. >> now all of a sudden, the people that drilled for oil are more interested in going out and getting these mineral rights for property owners. >> reporter: th
things. infrastructure, construction, production. we need it now more than ever. chevron's putting more than $8 billion dollars back in the u.s. economy this year. in pipes, cement, steel, jobs, energy. we need to get the wheels turning. i'm proud of that. making real things... for real. ...that make a real difference. ♪ >>> and before we go, let's check in one more time with our weather editor sam champion for the latest on hurricane sandy. >> good morning, again, george. we're looking at the very lastest from the hurricane center. nothing has really changed. this storm is still on track to be a major hitter, anywhere from washington, d.c., all of the way up to maine. this satellite picture is amazing. clouds extend from the carolinas to the boston. one of the longest storms that we have seen in size take a look at track. left-hand turn by monday morning. making landfall on the jersey shore by the time we get to tuesday morning. it's a rough morning. >> you'll be on top of it. thanks, sam. that's all for us today. thank you for sharing part of your sunday with us. check out "world ne
that we see from this company were less. we saw chesapeake selling off much like chevron which it to noted oil production was to the downside. that was another entity named that came under pressure. david: the cool, thank you very much. have a great weekend. we have adam shapiro. many people mad as hell back that with all of this going on the marathon is still going on. liz: let's head to staten island. abuse of power just as people are extraordinarily concerned about getting any power or water. the abuse they are talking about is the usage for the marathon. what are they saying about in staten island? adam: they do not want the marathon to proceed because there is still a pile of debris. this is what somebody's livelihood was. i am looking at a box of old christmas ornaments, there is a child like caught the kind you put your 3-year-old on when you are trying to teach them how to ride, then when you come down here, you have refrigerators and stoves and things like that. they have a red cross truck here. volunteers from staten island have been coming here to help out their own. you are tal
are aiming to seize $2 billion worth of chevron assets. the lawyers represent a group of ecuadorians who won a $18.7 billion judgment last year for alleged environmental damages. that fight goes on. >>> next on "money", government agencies getting major praise for their handling of the super storm but it could mean trouble for republican candidates on election day. >>> plus seeking government help, guess is is offering a hand to victims of storm? iran. it is possible they dialed the wrong phone number. we have details coming up straight ahead. ♪ look, if you have copd like me, you know it can be hard to breathe, and how that feels. copd includes chronic bronchitis and emphysema. spiriva helps control my copd symptoms by keeping my airways open for 24 hours. plus, it reduces copd flare-ups. spiriva is the only once-daily inhaled copd maintenance treatment that does both. iriva handihaler tiotropium bromide inhation powder does not replace fast-acting inhalers for sudden symptoms. tell your doctor if you have kidney problblems, glaucoma, trouble urinating, or an enlarged prostate. these may
. maybe there will be a president and we just don't know. chevron company reporting earnings of $2.69, lower than estimates of $2.83, that analysts expected. revenue looks below expectations. exxon had a great number because of refining margins so i don't know why this would be below. hopefully we looked apples to apples. >> coming up we've got the jobs effect on next week's presidential election, up next we'll talk to glenn hubbard, economic adviser to the romney campaign and dean of the columbia business school to get his thoughts on the number. >>> welcome back to "squawk box." lets aget to the jobs report and the political impact of the employment numbers. joining us now columbia business school dean and romney campaign economic advicer glenn hubbard. glenn, good to see you. >> good morning. >> thanks. in addition to it being a pretty good overall number, the 170 number this month some people are saying the revisions to last month do show a pick-up in something. is it the housing market that came around? is it a good number? >> well i think that our expectations may be dumbed d
it now more than ever. chevron's putting more than $8 billion dollars back in the u.s. economy this year. in pipes, cement, steel, jobs, energy. we need to get the wheels turning. i'm proud of that. making real things... for real. ...that make a real difference. ♪ for real. ...that make a real difference. music is a universal language. but when i was in an accident... i was worried the health care system spoke a language all its own with unitedhealthcare, i got help that fit my life. information on my phone. connection to doctors who get where i'm from. and tools to estimate what my care may cost. so i never missed a beat. we're more than 78,000 people looking out for more than 70 million americans. that's health in numbers. unitedhealthcare. >>> back with our roundtable, one of the big pushes in the final nine days is for women. you've seen this across the landscape here, not only in the presidential race, but in the tight senate races as well. we have the latest out of indiana with the candidate there, richard mourdock, talking about rape once again, that it could be god's will and t
this morning, chevron a big drop in profit in the last quarter down about 33% to $5.25 billion. revenue is down also. missed expectations by around $8 billion. the company had lower natural gas and oil production also higher maintenance costs including the big fire at its richmond refinery. >> linkedin proves it's one of the better social media companies turning a profit of over a couple of million dollars in the recent quarter after a loss the year earlier. markets have modest gains. we had a nice day yesterday so some of the gains baked in early. the dow up only by 5 points right now. nasdaq higher b a fraction as well as the s&p. earnings reports have been poor for the 3rd quarter fourth not looking better. back to you guys. >> thank you, jason brooks with kcbs and cbsmoneywatch.com. >>> new this morning, a couple of die-hard apple fans are lining up for the new ipad mini. this is in san francisco overnight. preorders for the 7.9" tablet sold out in 20 minutes last week. today only the wi-fi version of the mini is on sale. the cellar model hits shelves in time for the holiday shopping season
. infrastructure, construction, production. we need it now more than ever. chevron's putting more than $8 billion dollars back in the u.s. economy this year. in pipes, cement, steel, jobs, energy. we need to get the wheels turning. i'm proud of that. making real things... for real. ...that make a real difference. ♪ >>> coming up, what to expect after the election. more with our roundtable after this. pantene beautiful lengths. the pro-v keratin protection system, helps prevent breakage and repairs split ends and the program donates $1,000,000 to help woman fighting cancer. so getting longer stronger hair also means i care, that i like! beautiful lengths from pantene. hair so healthy it shines. beautiful lengths from pantene. when you take a closer look... ...at the best schools in the world... ...you see they all have something very interesting in common. they have teachers... ...with a deeper knowledge of their subjects. as a result, their students achieve at a higher level. let's develop more stars in education. let's invest in our teachers... ...so they can inspire our students. let's solve
public. when you see facts like this past week when chevron dumped $2.5 million from its corporate treasuries into super pac, then americans wonder whether elections is for sale, whether government is for sale rather than their votes. >> these numbers for me were just stunning. opensecrets.org say given almost -- we just passed the $2 billion that president barack obama is the candidate who has drawn the most shadow money, this kind of quiet money. supporters, shadow money supporters, $1.1 million. shadow money opposition to the president $74.1 million. and it's shadow money. >> with the amount of money in elections has always been troubling, but the massive amount of spending from corporate and special interest groups, this shadow money in this election is completely demoralizing to me. to bring this issue home, i think about my neighborhood in new haven -- >> we're having a mic problem. we're going to come back with you. i want these insights, but i want my audience to be able to hear it. >> ben, you're a businessman and have a social vision for the world. but this now is a criti
in making things. infrastructure, construction, production. we need it now more than ever. chevron's putting more than $8 billion dollars back in the u.s. economy this year. in pipes, cement, steel, jobs, energy. we need to get the wheels turning. i'm p. making real things... for real. ...that make a real difference. ♪ in that time there've been some good days. and some difficult ones. but, through it all, we've persevered, supporting some of the biggest ideas in modern history. so why should our anniversary matter to you? because for 200 years, we've been helping ideas move from ambition to achievement. and the next great idea could be yours. ♪ soothes you to sleep with ingredients like melatonin. it's safe with no side effects, so you wake up... ready to go. [ male announcer ] unisom natural nights. >>> four days until the legs, and the economy and a handful of swing states could sway ut outcome of the presidential race. in iowa the unemployment rate is 5.2%. it's much lower than the national average of 7.9%. the economy is still causing problems for the president. >> we basically star
chevron and chesapeake. they did come out with third quarter financial results. oil production was down year over year. >> the energy stocks head south. gas prices continued to drop by at because of sandy motorists are literally running on empty. tracy: take at -- take a look at the winners and losers. we will be right back. [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barriereef with sharks, or jumping into the marke he goes with pele he trusts, which is why he trades wita company that doesn't niel and dime himith hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's just common sense, from td ameritrade. at legalzoom, we've created a better place to turn r your legal mters. maybe you want to incorporate a business you'd like to start. or protect yr family with a will or living trust. legalzoom makes it easy withtep-by-step help when completing your personalized document -- or you can even access an attorney to guide you along.
Search Results 0 to 48 of about 49 (some duplicates have been removed)